Weak links start to show in AI borrowing
The New York Times reports: Trillions of dollars in borrowed money have powered the A.I. boom. But now there is growing uncertainty around just how easily more money can be obtained — and how much of it will be paid back. Those questions burst into the forefront this week when investors rapidly lost confidence in one debt-laden data center company, CoreWeave. Prices of its bonds — the company has accrued $72 billion in liabilities to operate 51 data centers —…